Aperio Group LLC boosted its stake in shares of Banco de Chile (NYSE:BCH) by 1.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 132,363 shares of the bank’s stock after buying an additional 2,474 shares during the period. Aperio Group LLC owned 0.08% of Banco de Chile worth $12,777,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently bought and sold shares of BCH. Schwab Charles Investment Management Inc. lifted its holdings in Banco de Chile by 20.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 38,747 shares of the bank’s stock worth $3,020,000 after buying an additional 6,448 shares during the period. Northern Trust Corp lifted its holdings in Banco de Chile by 4.7% during the second quarter. Northern Trust Corp now owns 39,397 shares of the bank’s stock worth $3,069,000 after buying an additional 1,785 shares during the period. Nordea Investment Management AB lifted its holdings in Banco de Chile by 140.2% during the second quarter. Nordea Investment Management AB now owns 3,788 shares of the bank’s stock worth $295,000 after buying an additional 2,211 shares during the period. Parametric Portfolio Associates LLC lifted its holdings in Banco de Chile by 4.3% during the second quarter. Parametric Portfolio Associates LLC now owns 49,043 shares of the bank’s stock worth $3,822,000 after buying an additional 2,044 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in Banco de Chile by 0.4% during the second quarter. Dimensional Fund Advisors LP now owns 194,599 shares of the bank’s stock worth $15,165,000 after buying an additional 775 shares during the period. Institutional investors own 1.36% of the company’s stock.
Shares of Banco de Chile (BCH) opened at $103.75 on Friday. Banco de Chile has a twelve month low of $69.48 and a twelve month high of $106.50. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 2.47. The company has a market capitalization of $17,039.19, a price-to-earnings ratio of 19.19, a PEG ratio of 1.07 and a beta of 0.45.
A number of analysts have weighed in on the company. Deutsche Bank lowered Banco de Chile from a “hold” rating to a “sell” rating and set a $91.00 target price for the company. in a report on Wednesday, January 24th. Bank of America lowered Banco de Chile from a “neutral” rating to an “underperform” rating in a report on Thursday, January 18th. Zacks Investment Research upgraded Banco de Chile from a “sell” rating to a “hold” rating in a report on Tuesday, January 16th. ValuEngine lowered Banco de Chile from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Finally, Credit Suisse Group reiterated a “hold” rating on shares of Banco de Chile in a report on Friday, December 22nd. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. Banco de Chile has an average rating of “Hold” and an average price target of $89.25.
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Banco de Chile Profile
Banco de Chile is a full service financial institution, which is engaged in providing credit and non-credit products and services in Chile. The Bank offers a range of banking services to its customers, ranging from individuals to corporations. The Bank’s segments include Retail, which focuses on individuals and small and medium-sized companies, where the product offering focuses on consumer loans, commercial loans, checking accounts, credit cards, credit lines and mortgage loans; Wholesale, which focuses on corporate clients and companies, where the product offering focuses on commercial loans, checking accounts and liquidity management services, debt instruments, foreign trade, derivative contracts and leases; Treasury, which includes the associated revenues to the management of the investment portfolio and the business of financial transactions and currency trading, and Subsidiaries, which corresponds to companies and corporations controlled by the Bank.
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